News

Retail
37% of Shoppers Go In-Store for Beauty Products, Leading All Categories
May 30, 2025

Despite the persistent surge of eCommerce, recent data indicates that physical retail locations continue to play a vital role in consumer purchasing habits, attracting shoppers for distinct reasons and product types that differ significantly from online patterns.  Get the Full Story Complete the form to...

Fintech Investments
Platforms Drag FinTech IPO Index 0.5% Lower in Shortened Trading Week
May 30, 2025

The past few days to be volatile ones in the FinTech IPO realm, as our Index slipped 0.4% in a week that was truncated due to the Memorial Day holiday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
From Stablecoins to AI Banking: Circle Co-Founder’s Next Billion-Dollar Bet on Agentic Finance
May 30, 2025

Every audacious venture travels a long road from an idea to a tangible institution. In finance, that path is paved as much with the currency of trust as it is with capital and code. Get the Full Story Complete the form to unlock this article...

Payments Innovation
ZA Bank to Enable ‘Visa Click to Pay’ in Several Asia-Pacific Markets
May 29, 2025

Hong Kong-based digital bank ZA Bank has become the first card-issuing bank to enable Visa Click to Pay in Hong Kong and will do the same in 11 more Asia-Pacific markets in the future. Get the Full Story Complete the form to unlock this article...

Investments
VOX Funding Secures $150 Million Credit Facility for SMB Financing
May 29, 2025

VOX Funding has secured a $150 million credit facility from Raven Capital to continue expanding its flexible financing options for U.S. businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Apollo Global Management Partners With Banks to Trade Private Credit
May 29, 2025

Apollo Global Management is reportedly working with five banks, including JPMorgan Chase & Co. and Goldman Sachs Group, to trade private credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
NY Times Inks AI Licensing Agreement With Amazon
May 29, 2025

The New York Times (NYT) Company has signed a multiyear, artificial intelligence-focused licensing agreement with Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Cross-border Payments
TerraPay and Wave to Promote Cross-Border Remittances in West Africa
May 29, 2025

Money movement company TerraPay launched a partnership with Wave Mobile Money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Artificial Intelligence
DeepSeek Upgrades AI Reasoning Model to Rival OpenAI and Google
May 29, 2025

Chinese artificial intelligence startup DeepSeek upgraded its open-source reasoning model R1 to perform nearly at par with the best models from OpenAI and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...